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BitMine Expands Equity Offering to $4.5 Billion

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BitMine Expands Equity Offering to $4.5 Billion

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BitMine Immersion Technologies ( (BMNR) ) has shared an announcement.

On July 9, 2025, BitMine Immersion Technologies entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and ThinkEquity LLC to sell shares of its common stock through an at-the-market offering. The company increased the potential sale amount to $4.5 billion on July 24, 2025, indicating a significant expansion in their fundraising efforts.

The most recent analyst rating on (BMNR) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on BitMine Immersion Technologies stock, see the BMNR Stock Forecast page.

More about BitMine Immersion Technologies

BitMine Immersion Technologies operates in the technology industry, focusing on offering solutions related to the sale of common stock through market offerings.

Average Trading Volume: 8,900,789

Technical Sentiment Signal: Buy

Current Market Cap: $2.03B

For detailed information about BMNR stock, go to TipRanks’ Stock Analysis page.

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